Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Utility Terrain Vehicle (UTV) Market Research Repo

Report Information
More information from: https://www.marketresearchfuture.com/reports/6118
Utility Terrain Vehicle (UTV) Market Research Report – Forecast to
2023
Report / Search Code: MRFR/AM/4660-HCRR
Publish Date: June, 2018
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Global Utility Terrain Vehicle (UTV) Market Research Report:
Information by Product Type (Displacement (CC): ≤ 400CC,
Displacement (CC): 400-800 CC and Displacement (CC): ≥ 800
CC), Application (Work UTV, Sport UTV, Others) and Region -
Forecast till 2023
Market Synopsis
A utility terrain vehicle (UTV) refers to a vehicle that is designed
specifically for efficiently performing tasks as compared to the general-
purpose vehicle. These vehicles are also known as four-wheel drive off-
road vehicles and side-by-side vehicles. They have a capacity of two to
six persons.
Utility terrain vehicles are majorly driven by their capabilities of working
as off-road vehicles and carrying equipment. Functioning off-road needs
the unit to operate around obstacles and over rough terrains. Carrying
equipment needs the strength to haul a load and the ability to stay above
softer ground. These vehicles are majorly equipped with roll-over
protection system. Increasing consumer preference toward offload
recreational activities is leading to an increase in adoption of the utility
terrain vehicles market. Utility terrain vehicles are majorly used for the
recreational purposes. These are also being used in various sectors
such as military and defense, forestry, and agriculture.
However, the growth of this market is hampered by adverse effects
caused during a rollover crash such as inadequate lateral stability,
inadequate occupant protection and undesirable steering characteristics.
Therefore, utility terrain vehicle market has seen remarkable growth in
the global market and it has been observed that, it is expected to expand
with the CAGR of ~6%.
Utility Terrain Vehicle (UTV) Market Segments